02.12.2019

Gloobal acquires ALVE

Spanish truck mounted rental company Gloobal has acquired the van mounted aerial lift rental business and assets of Tarragona based ALVE

ALVE runs a fleet of mainly van mounted platforms and 3.5 tonne truck mounted lifts. It operates nationally from outlets - mostly agents - in Madrid, Seville, Córdoba, Cádiz, Asturias, Tortosa, Tarragona, Valencia and Badajoz.
In addition to its rental operation the company - which operates under the corporate name of Liquidation World SL - also trades in a variety of commercial vehicles and truck mounted equipment, including loader cranes, while buying and selling construction equipment including aerial lifts and telehandlers, it will now focus on this part of its business.

Barcelona based Gloobal is owned and managed by Ivan Papell, who also owns aerial lift dealer Liftisa. He was previously a co-owner of DK Rental Spain which was acquired by Lavendon in 2007. He started Gloobal as a specialist truck mounted work platform rental business in 2015, but the company now also offers some truck mounted loader cranes. The combined Gloobal/ALVE platform rental fleet will total around 310 vehicle mounted lifts.
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Olaf Valldeperez (L) concludes the deal with Ivan Papell of Gloobal

ALVE owner Olaf Valldeperez said: "we are very satisfied with the fact that that our rental business becomes part of Gloobal MovingRent, a company that is that we consider leader in Spain in the rental of Platforms on vehicles for work. on the street. The need to continue to provide the best service, focus on selling national and international level in the company's new strategy with new products and services. lines of business, and orienting the future outside the rental business, have been the motives of ALVE to make this decision. Gloobal guarantees us to continue with our main values of closeness to the client, teamwork and offering the best service.

Ivan Papell added: "the acquisition of ALVE is strategic for us and consolidates our strong growth plan. ALVE's is a specialist in van mounted platforms with a close and efficient service, it fits perfectly with our philosophy. This move will reinforce Gloobal as a leader in our market. It allows us to guarantee the best possible service and to be closer to our customers."

Vertikal Comment

This looks like a good step up for Gloobal in that it adds a well developed van mounted fleet and customer base, as well as significantly extending its coverage across Spain.

It also allows ALVE owner Liquidation World to focus on its other activities which are extensive and not really related to van mounted platform rental.